TSMC Draws a Taiwanese Investment Wave: $265 Billion Campus Pulls Over $500 Million Into Phoenix Real Estate, North Phoenix Home Values Up 53% in Six Years
TSMC's $265 billion Arizona campus is drawing a wave of Taiwanese investment into Phoenix, Maricopa County, Arizona. More than $500 million in Taiwanese capital has flowed into Phoenix-area real estate since 2021, matching Canadian capital inflows, according to real estate analysis.
TSMC's 2,000-acre campus in north Phoenix now has one fabrication plant in operation, with two more scheduled by the end of the decade. Taiwanese developer Taicoon Property Partners paid $88 million for two plots near the campus and plans a $1 billion mixed-use project anchored by Taiwanese retail brands. Starlux Airlines and China Airlines operate nonstop flights between Taipei and Phoenix, and Taiwan opened a trade office in the state capital in 2024.
The North Gateway and Desert View submarkets near the campus recorded 53% home value appreciation over six years, outpacing Phoenix's 42% citywide gain. TSMC employs 3,500 workers at its Arizona facilities and plans to add 2,500 more.
(Source: Propmodo)
Source: Propmodo
Published by GSM · USA (original Chinese edition)
Photo: 图：台积电位于凤凰城的 Fab 21 厂区航拍。Hunter Trick (TrickHunter) 摄，CC BY-SA 4.0，经 Wikimedia Commons。 / Photo: Aerial view of TSMC's Fab 21 campus in Phoenix, Arizona. By Hunter Trick (TrickHunter), CC BY-SA 4.0, via Wikimedia Commons.
